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Starbucks in crosshairs as Mexico boycott campaign simmers

Seeking to quell a social media campaign imploring Mexicans to boycott U.S. companies, Starbucks defended itself on Friday, saying it had invested millions in the country, created more than 7,000 jobs, and that its local unit is Mexican-owned. The statement came after disparate social media campaigns directed at U.S. companies based in Mexico gained …

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Starbucks in crosshairs as Mexico boycott campaign simmers

German‎ watchdog suspected VW scam on CO2 emissions: report

Germany's motor industry watchdog raised suspicions Volkswagen was using prototype vehicles to lower carbon dioxide (CO2) emissions in tests in 2015 soon after VW's manipulation of diesel emissions tests was uncovered, the Berliner Zeitung newspaper reported on Saturday. It quoted the Federal Motor Transport Authority (KBA) as telling VW in a November 2015 email it would choose test models randomly and appoint new external experts to carry out testing because of doubts about…

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German‎ watchdog suspected VW scam on CO2 emissions: report

Snapchat to reveal financials within a week: sources

The sources, who cautioned that Snapchat's plans may still change, asked not to be named because the information is private. A spokeswoman for Snap Inc declined to comment. Snap Inc expects to go public as soon as March and could be valued at $20 billion to $25

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Snapchat to reveal financials within a week: sources

Buffett, Gates have hope for America after Trump ascension

Bill Gates and Warren Buffett on Friday expressed optimism that the United States will move ahead as a nation, even as it works through political differences and gets used to the new Trump administration. The world's two richest people were speaking to students at Columbia University after U.S. President Donald Trump started to unwind the work of his predecessor Barack Obama in a…

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Buffett, Gates have hope for America after Trump ascension

U.S. companies scramble to cope with seven-country immigration ban

U.S. companies scrambled on Saturday to cope with the fallout from President Trump's executive order on immigration, with Google urgently calling back employees from overseas and companies rushing to provide legal advice and …

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U.S. companies scramble to cope with seven-country immigration ban

UBS hopes Trump-led rally will help boost wealth management

UBS hopes a Donald Trump-inspired rally in the United States will help boost earnings at its struggling wealth management business after posting a 47 percent fall in full-year net profit. With profit from its core wealth management business under pressure, the bank pointed to growing investor confidence in the United States towards the end of 2016 as a …

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UBS hopes Trump-led rally will help boost wealth management

Microsoft profit up as demand for cloud service soars

Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure. Since taking charge in 2014, Chief Executive Satya Nadella has…

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Microsoft profit up as demand for cloud service soars

Alphabet posts strong revenue growth, higher taxes hit earnings

Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share …

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Alphabet posts strong revenue growth, higher taxes hit earnings

As regulators waver, Apple takes on Qualcomm in courts

By Stephen Nellis SAN FRANCISCO (Reuters) – Apple Inc's new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it considers the chip maker's unfair business practices, analysts said. Apple has long objected to Qualcomm's…

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As regulators waver, Apple takes on Qualcomm in courts

Dollar recoups losses, shares lower as banks weigh

By Vikram Subhedar LONDON (Reuters) – The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump's policies will play out for the currency, particularly after both Trump and Treasury Secretary-designate Steven Mnuchin hinted …

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Dollar recoups losses, shares lower as banks weigh

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